How to hire a managing partner

How to hire a managing partner, step by step

Here's a step-by-step managing partner hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a managing partner job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new managing partner
• Step 8: Go through the hiring process checklist

What does a managing partner do?

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1. Identify your hiring needs

   Before you post your managing partner job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a managing partner for hire on a part-time basis or as a contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a managing partner to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a managing partner that fits the bill.

   This list shows salaries for various types of managing partners.

   Type of Managing Partner	Description	Hourly rate
   Managing Partner	Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.	$39-124
   Vice President & General Manager	A vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation... Show more	$51-131
   Division Director	A division director is a professional who is responsible for managing team members and business operations that are assigned in his/her or her division to achieve the goals of a company. Division directors are required to evaluate division performance and ensure that the team's work complies with the company policies and procedures... Show more	$32-102

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Food Handling
   • Cleanliness
   • Customer Service
   • Financial Statements
   • Regulatory Compliance
   • POS
   • Payroll
   • Business Development
   • Human Resources
   • Business Strategy
   • Real Estate
   • Product Development
   • Business Plan
   • Inventory Management

   Check all skills

   Responsibilities:

   • Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
   • Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
   • Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
   • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
   • Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
   • Create and develop internet presence via website and FaceBook.

   More managing partner duties

3. Make a budget

   Including a salary range in your managing partner job description is one of the best ways to attract top talent. A managing partner can vary based on:

   • Location. For example, managing partners' average salary in hawaii is 57% less than in new york.
   • Seniority. Entry-level managing partners 68% less than senior-level managing partners.
   • Certifications. A managing partner with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a managing partner's salary.

   Average managing partner salary

   $147,401yearly

   $70.87 hourly rate

   ---

   Entry-level managing partner salary

   $83,000 yearly salary

   Updated December 15, 2025

   Average managing partner salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New York	$186,621	$90
   2	California	$169,767	$82
   3	District of Columbia	$157,916	$76
   4	North Carolina	$150,749	$72
   5	Connecticut	$149,098	$72
   6	Colorado	$148,750	$72
   7	Massachusetts	$146,817	$71
   8	Washington	$144,323	$69
   9	Texas	$143,866	$69
   10	Illinois	$139,820	$67
   11	Arizona	$137,657	$66
   12	Virginia	$137,132	$66
   13	Ohio	$136,536	$66
   14	Rhode Island	$136,274	$66
   15	Georgia	$135,663	$65
   16	Oregon	$130,728	$63
   17	Alabama	$128,486	$62
   18	Indiana	$127,946	$62
   19	Florida	$124,537	$60
   20	Nebraska	$118,658	$57

   Average managing partner salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Gartner	$182,846	$87.91	28
   2	3-G International	$171,570	$82.49
   3	Goldman Sachs	$170,888	$82.16	3
   4	Spencer Stuart	$168,904	$81.20
   5	Hewlett Packard Enterprise	$168,244	$80.89	16
   6	Prostar Services, Inc.	$161,441	$77.62
   7	Artesian Capital Management	$161,257	$77.53
   8	*n/a*	$161,108	$77.46	6
   9	Marsh & McLennan Companies	$160,883	$77.35	20
   10	SAP	$159,838	$76.85	15
   11	GOPA Worldwide Consultants	$158,954	$76.42
   12	IBM	$156,230	$75.11	334
   13	Darden Restaurants	$148,201	$71.25
   14	Bristol-Myers Squibb	$148,051	$71.18	5
   15	CrossCountry Consulting	$146,641	$70.50	19
   16	RSM US	$146,028	$70.21	96
   17	Meta	$145,299	$69.86	58
   18	Availity	$144,848	$69.64
   19	Korn Ferry	$143,574	$69.03	4
   20	Texas Roadhouse	$143,221	$68.86	37

4. Writing a managing partner job description

   A managing partner job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a managing partner job description:

   Managing partner job description example

   The OpportunityAre you looking for a career in sales where the company you represent truly believes in delighting its customersand where the solutions you're selling reflect cutting-edge, market leading technologies? With more than 60 yearsof stable growth, FICO's world-class analytic solutions support smarter fraud, risk and customer managementdecisions for thousands of businesses worldwide. As a highly valued member of the Client Sales team, you willleverage your knowledge, exceptional relationship skills and proven consultative-selling abilities to achievesuccess.
   
   What You'll Do• Build relationships with senior client stakeholders to gain insights into their most urgent business problemswhile articulating FICO's capabilities.• Research and shape potential solution opportunities through collaborative engagement with internal sales,product, delivery and marketing experts to formulate and effectively position solution proposals.• Create comprehensive client business plans and engage in complex deal negotiation to build a stable,growing pipeline of current and future business opportunities.• Engage in complex deal structuring and negotiation efforts designed to protect existing business and winnew deals.• Ensure your clients are delighted with solutions purchased and FICO's quality of service, to create win-winrelationships that are long-term, expanding and profitable.• Collaborate with Product Development, Product Marketing, Pre-Sales and Delivery to shape the futuredirection of our solution road-maps based upon market needs.• Manage your sales to quarterly and annual targets, with significant earnings upside when you exceed yourtargets.
   
   What We're Seeking• A Bachelor's degree in a business or science-based discipline, or equivalent experience developed in acommercial environment• Proven experience in building relationships with senior clients combining your understanding of the client'sindustry and shared business challenges along with your knowledge of FICO's solutions.• Demonstrated success structuring and selling complex, enterprise solutions to large financialservices/banking clients.• A collaborative style with experience engaging a diverse group of internal colleagues to articulate a trulycompelling client value proposition.• Ability to travel 25-50%.
   
   Our Offer to You• Flexible working practices, a lucrative base salary and commission package, enhanced family leavepolicies,• A culture and work environment strongly reflecting our core values: Act Like an Owner, Delight OurCustomers and Earn the Respect of Others.• The opportunity to make a difference by leveraging your unique strengths.• Opportunities to give back to your community, social events with colleagues.
   Why Make a Move to FICO?
   
   At FICO, you can develop your career with a leading organization in one of the fastest-growing fields in technology today - Big Data analytics. You'll play a part in our commitment to help businesses use data to improve every choice they make, using advances in artificial intelligence, machine learning, predictive and prescriptive modeling, and much more.
   FICO makes a real difference in the way businesses operate worldwide:
   Credit Scoring - 150+ billion FICO Scores have been sold to date, making it the most used credit score in the world.Fraud Detection and Security - 2.6+ billion payment cards globally are protected by FICO fraud systems.Lending - 3/4 of US mortgages are approved using the FICO Score.Anti-Money Laundering - our solutions check more than half a billion transactions a day to prevent criminal schemes such as terrorist financing
   
   Global trends toward digital transformation have created tremendous demand for FICO's solutions, placing us among the world's top 100 software companies by revenue. We support many of the world's largest banks, insurers, retailers, telecommunications providers and other firms reach a new level of success.
   
   Our success is dependent on really talented people - just like you - who thrive on the collaboration and innovation that's nurtured by a diverse and inclusive environment. We'll provide the support you need, while ensuring you have the freedom to develop your skills and grow your career. Join FICO and help change the way business thinks!
   
   Learn more about how you can fulfill your potential at www.fico.com/Careers
   
   FICO values the benefit that diversity and a culture of inclusion bring to our workplace. We are an equal employment opportunity and affirmative action employer and we're proud to offer employment and advancement opportunities to all applicants without regard to race, color, ancestry, religion, sex, national origin, pregnancy, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

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5. Post your job

   There are various strategies that you can use to find the right managing partner for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your managing partner job on Zippia to find and recruit managing partner candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   Your first interview with managing partner candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new managing partner

   Once you've decided on a perfect managing partner candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   After that, you can create an onboarding schedule for a new managing partner. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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